880 Walkers Line, Burlington, ON, L7N 2G2, Canada

How to Sell Your Car For Top Dollar in Canada

How to Sell Your Car For Top Dollar in Canada

Looking to sell your old car to finance a new one? Want to maximize the trade in value to use as a down payment on a car loan? We can help. Our Burlington car loan team offer some actionable advice on getting the most money for your old car.


Whether you’re trading in or selling privately, there are some simple things you can do to get the most money. Here are just a few of them.


Give the car a thorough clean


A clean car sells faster than a dirty one. While the increase in value may be negligible, you are far more likely to sell a clean car than one that hasn’t seen clean water in a while.


Give the car a thorough clean inside and out. Give it a polish, clean the wheels, clean under the hood, clean the trunk and everywhere a buyer is going to check. Remove as much dirt and staining as possible and then wax the car thoroughly.


It’s hard work but could increase the chances of meeting your asking price and strengthen your position.


Make any small repairs before you sell your car


The less the new owner has to do to the car, the more it’s worth. That’s true whether you’re trading it in or selling it yourself. That means replacing worn tires, wiper blades, pipes, having wheels repaired or any smaller job that a buyer will notice and will want to take care of.


Again, this may not increase the value by much but it will increase your chances of a fair offer.


Prepare all the paperwork


Making sure all the paperwork is in place can make the car much more saleable. It is less of an unknown quantity and the buyer has a much better idea of what they are buying. Keep receipts for everything and make sure the service schedule is maintained and has a stamp in every box.


It’s another trick that won’t necessarily increase your car’s value but should maximize the offer you get for it.


Price it fairly


Pricing is a tough thing to get right. We all have different ideas of what good value is so will have different ideas about what a good deal is and what it isn’t.


Perform research on your exact make, model and year to see what comparable cars are selling for. Use that to price your vehicle accordingly.


Remember, dealerships never pay retail prices so when trading in, have a fair price in mind. If selling privately, see what other private sales are priced at in your area for exactly the same car.


Pricing a car fairly can attract more buyers. Alongside these other tips, more buyers mean a higher chance of getting maximum price for the car.


Once the car is sold or traded in, contact one of our expert Burlington car loan experts. We’ll work tirelessly to get you a great deal on your next car loan and can even find you the car to buy with it!


We will use all our skill and experience to deliver the lowest possible Burlington auto loan rates, guaranteed. Contact Car Nation Canada Direct to learn how we can help.


Be sure to connect with us on Facebook, Twitter, Instagram, or LinkedIn to stay up to date on our latest great articles!

Categories: Auto Loan

Tags: ,